Skip to content
Friday, October 16, 2026
The New York Finance

Top Business News Around The World

Friday, October 16, 2026

Business

EU predicts less eurozone 2026 growth due to trade tensions

The EU on Monday cut its eurozone growth forecast for 2026 as risks from international trade and geopolitical tensions weigh on Europe’s economy. The European Commission expects the 20-country single currency area…

By The New York Finance Staff

Guinness maker Diageo picks new CEO after US tariffs cloud

Diageo, the maker of Guinness beer and Smirnoff vodka, announced Monday a new chief executive as it seeks to improve performance hit partly by US President Donald Trump’s tariffs. Dave Lewis, presently…

By The New York Finance Staff

Bank of England seeks to ‘build trust’ in stablecoins

The Bank of England said Monday it aims to “build trust” in stablecoins in the UK, which would be pegged to the pound under proposed national rules for the cryptocurrency. The value…

By The New York Finance Staff

‘Netflix House’ marks streaming giant’s first theme park

After years of temporary pop-up events, streaming giant Netflix will make its first foray into the theme park space this week, rivalling entertainment giants Disney and Universal Studios. The company’s “Netflix House”…

By The New York Finance Staff

Asian stocks rise as record US shutdown nears end

Most Asian markets rose for the second day in a row Tuesday as US lawmakers edged towards ending a record government shutdown. The prospect of an end to the Washington standoff, which…

By The New York Finance Staff

US to cancel flights as longest govt shutdown drags on

US officials said the scheduled capacity for flights was being cut by 10 percent in 40 busy air traffic areas nationwide on Friday, as the longest government shutdown drags on. Federal agencies…

By The New York Finance Staff